Disney, Fox, and Warner Bros. Discovery have officially decided to abandon their planned sports streaming service, Venu, the companies announced in a joint statement on Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” the statement read. “In an ever-changing marketplace, we determined…
LA Wildfires Push The Airlines To Extend The Flight Change Waivers
Airlines have expanded travel waivers for Los Angeles-area airports as wildfires continue to ravage the region. Major carriers, including American Airlines, United Airlines, Southwest Airlines, and JetBlue Airways, have waived flight change fees for travelers scheduled to fly to Los Angeles. The city is grappling with widespread challenges such as power outages, water shortages, and…
Comcast and Harris Blitzer Joint Venture To Build NBA/NHL Arena in South Philadelphia
Harris Blitzer Sports & Entertainment (HBSE) announced on Monday a joint venture with Comcast Spectacor to construct a new arena in South Philadelphia that will serve as the home for the NBA’s 76ers and the NHL’s Flyers. This decision marks a significant shift from earlier plans to build an arena in Philadelphia’s Center City district.…
Walgreens Reports A Earning Surge With Cost Cutting While Shares Improve
Walgreens announced fiscal first-quarter earnings and revenue on Friday that exceeded expectations, attributing the results to ongoing cost-cutting measures and store closures as it navigates a challenging period. For the three months ending November 30, Walgreens reported the following compared to Wall Street expectations based on an LSEG analyst survey: Despite outperforming estimates, Walgreens reaffirmed…
Delta Air Lines Reveal Strong Profits While CEO is Expecting Better Performance
Delta Air Lines provided an optimistic first-quarter outlook on Friday, exceeding analyst expectations as the carrier predicted strong travel demand to kick off the year. CEO Ed Bastian stated that 2025 is shaping up to be the airline’s best financial year to date. Delta projects more than $4 billion in free cash flow for 2025,…
Ford Motors Reported $600 million Earnings in China Selling Vehicles
Ford Motor’s operations in China generated approximately $600 million in earnings last year, a notable achievement given the challenging market environment, CEO Jim Farley announced Thursday evening. “I’m happy to say that Ford makes money in China, and I’m very proud of that, because not many [automakers] can say that,” Farley stated after revealing a…
Meta and Amazon Have To Step Back From Heavily Pushed Diversity Programs
Meta and Amazon are scaling back their diversity initiatives, aligning with other companies across corporate America retreating from hiring and training programs criticized by conservatives due to legal and political risks. These decisions follow Meta Platforms’ announcement that it would discontinue a fact-checking program criticized by President-elect Donald Trump and Republicans. In a memo to…
Amazon Winter Sale 2025, Sale Items & Discount Deals
Three notable events this week make Amazon’s Winter Sale deals exceptionally timely: 1) The Golden Globes launched the awards season, meaning many of the year’s top films are now available to stream or rent. 2) The NFL regular season has ended, and playoff excitement kicks off this weekend. 3) The weather in many parts of…
JPMorgan Chase is Laying Off All Remote Employees
It’s JPMorgan Chase’s turn. Following in the footsteps of companies like AT&T, Amazon, and Walmart, the largest bank in the U.S. is reportedly planning to end remote work. The bank’s more than 300,000 employees may soon be required to return to the office full-time, five days a week. In April 2023, JPMorgan mandated that its…
McDonald’s New Value Deal Bringing 1 Dollar Meals
Remember when being a “Dollar Menu-naire” was a thing? These days, it feels like nothing truly costs $1 anymore. Over a year ago, McDonald’s customers expressed frustration over the lack of $1 options, but now it seems the fast-food giant is making amends. As of Jan. 7, the world’s largest fast-food chain has reintroduced $1…